Live MLS data · 400 active listings · $635K median · Updated June 2026
The Miami housing market has 400 active listings with a median asking price of $635K as of June 2026. 23% of listings have had a price reduction. Average price per square foot is $641, with homes spending an average of 108 days on market — a buyer's market.
400
Active Listings
$635K
Median Price
$641
Avg $/sqft
108
Avg Days on Market
23%
Price Reduced
| Bedrooms | Active Listings | Median Price |
|---|---|---|
| Studio/1 BR | 112 | $479K |
| 2 BR | 108 | $450K |
| 3 BR | 97 | $650K |
| 4 BR | 57 | $960K |
| 5+ BR | 26 | $1.7M |
The Miami real estate market currently has 400 active listings as of June 2026, with a median asking price of $635K and an average of $641/sqft. Homes are spending an average of 108 days on market — conditions are leaning in favor of buyers, with longer listing times and more seller flexibility.
Stock cooperative represent the best value in Miami right now, with an average price per square foot of $97 and a median asking price of $70K. There are currently 5 active stock cooperative listings available.
With 23% of listings having seen a price reduction, there is meaningful negotiating room in Miami. Buyers who are patient and well-prepared can expect sellers to be more flexible on price and terms.
As of June 2026, the median asking price in Miami is $635K, with an average of $1.3M. Prices range from $57K to $50M. The average price per square foot is $641.
Miami is currently a buyer's market. Homes average 108 days on market and 23% of listings have had price reductions — indicating seller flexibility. Buyers have real room to negotiate.
As of June 2026, homes in Miami spend an average of 108 days on market before going under contract. This varies by price range and property type — condos and lower-priced homes typically move faster. ELLA's IQ score flags listings that have been sitting longer than expected, often indicating negotiation opportunity.
Stock cooperative are currently the most affordable by price per square foot in Miami, averaging $97/sqft with a median price of $70K. There are 5 active stock cooperative listings available.
Based on the median home price of $635K in Miami, Casa Simple buyers typically receive savings of $4K–$9K at closing. This is a closing cost credit — you pay nothing extra. The exact amount depends on purchase price and plan.
HOA fees are not aggregated at the city level in our market report. Fees vary widely by building, community, and property type — condos typically have higher fees than single-family homes. Each listing on Casa Simple shows the HOA fee when available. For condo buildings, visit the building's dedicated page to see estimated average HOA fees.
ELLA analyzes every listing in Miami with an AI-powered IQ score. Get up to $9K back at closing.